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    HomeCryptocurrenciesEthereumThe evolution of Ethereum in September.

    The evolution of Ethereum in September.

    Ethereum had an evolution in September, full of ups and downs. It started the month at $2,513.06 and ended at $2,603.48, but with moments of significant dips, although it has finally recovered.

    As we can see in the image above, the technical indicators inform us of strong sales and the mobile indicators show a downward trend, although not very strong. What we can interpret with a bearish trend for the next month. This is not a very strong trend, but worth taking into account.

    In the technical indicators we can see that there is a clear and well-defined downward trend. Most of the indicators show a sell and only one gives a buy signal. This tells us that we are in a period of high volatility with possible dips and rises.

    In the moving averages section, the prevailing mood is to sell, although there are some long-term indicators that indicate a buy. From this we can think that the future is very uncertain. Everything will depend on the trend set by bitcoin, which always tends to push the market.

    Conclusion

    I see some volatility in the market price. The only thing I see in Ethereum's favor is that it's at an interesting price to buy (that's my personal intuition) and a possible increase in that price in October.

    It should be borne in mind that the market is strongly influenced by international events and the current situation is delicate.

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